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Professional fees of Rs.30000/- is paid to a consultant ABC
& Co.
please pass the necessary entry for the same

Answer Posted / ram niwas sarswat

PROFESSIONAL FEES A/C 30000 DR


ABC & CO. 30000 CR-
-------------------------------------------------
ABC & CO. 30000 DR

BANK 30000 CR
--------------------------------------------------
ABC & CO. 3090
TDS ON PROFE.FEES 3090 CR

Is This Answer Correct ?    4 Yes 9 No



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